Apple 3G iPhone Release Has Analysts Talking

by thejasonyang | June 11, 2008 at 02:36 pm | 115 views | add comment

The release of the 3G iPhone by Apple CEO Steve Jobs at the World Wide Developer Conference (WWDC) in San Francisco this week has created a stir among Apple stock analysts and experts. Confidence had dropped slightly in the days preceding the announcement due to unsatisfied sales targets but it was quickly renewed following the news of faster connection speeds and a host of much desired enterprise features like Microsoft Exchange support. This brings the iPhone into an entirely new business segment, competing against more established products like RIM's immensely popular Blackberry. So far, the market response has been good, with Apple stock up 2.21%yesterday to $185.64, but this is only the start as the battle between the mobile communications titans gets under way.


 


Source: http://www.bloomberg.com/apps/news?pid=20601103&sid=aEp_LHAU0qdo&refer=

Comments (0)

Add a comment

The content of this field is kept private and will not be shown publicly.

June 11, 2008 at 02:36 pm by thejasonyang, 115 views, add comment

closeSign in to NowPublic

is reporting from